Grealish, Alenka
September 2007
Bank Technology News;Sep2007, Vol. 20 Issue 9, p47
Trade Publication
The author discusses the change that the Internet has contributed to banking. Consumers have proven the willingness to embrace online-only banks and offerings, where it enable an Internet-only bank and online brokerage firm to rank in the top 35 by assets. However, the Internet is said to be misunderstood in the 1990s, where Internet banking was viewed as a potential replacement for high-cost branches. On the other hand, the enhancement of the technologies continues to a more complex ones.


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